Revenue and profit growth rates around 35% are huge success and very hard to achieve for a company at Apple's scale. However, even though Apple managed to exceed the Wall Street's expectations of quarterly revenue and profit growth, Apple fell short of Wall Street's expectation of 50 million iPhones sold in Q2'2015. iPhone sales growth rate has been declining for the last 2 quarters, from 46% to 40% and then to 35%. It looks like Wall Street and investor might be questioning if the iPhone is getting closer to a saturation point in the smartphone market.

Decelerating iPhone sales growth and Apple's below the expectations revenue estimates for the following quarters of the year immediately affected the Apple stock prices and market cap. Apple stock prices decreased by nearly 8% and lost $62 billion in market cap.

We have seen two great examples of the impact of hitting or missing the Wall Street expectations in the last 2 weeks. Google increased its market cap by $60 billion and Apple lost $62 billion.

Announcing profit and revenue growth numbers as well as exceeding the Wall Street expectations resulted in Amazon stock price to go up significantly and closed the week by 10% increase. As a result, Amazon's market cap reached to $246.54 billion surpassing the market cap of one of the biggest retailers in the US, Walmart, $230.53 billion. For comparison, Amazon announced $89 billion revenue last year whereas Walmart announced $485.65 billion. This is not just about how much money you are making.

We came to the end of the twenty-eighth episode of ‘Week in a Nutshell’ series. Please comment, share, like and/or recommend this post if you enjoyed it.